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Superannuation

Professor proposes cheap longevity insurance design

JAMES FERNYHOUGH  |  TUESDAY, 15 APR 2014
A Canadian finance professor has come up with a way of making lifetime annuities affordable by designing them so they only pay out if the market does badly.

Younger Australians taking interest in superannuation

STAFF WRITER  |  TUESDAY, 15 APR 2014
Younger people are taking a more active interest in their superannuation, according to the latest quarterly MLC Wealth Sentiment Survey.

Cbus to launch 'self-managed' product

JAMES FERNYHOUGH  |  MONDAY, 14 APR 2014
Industry fund Cbus will launch a member direct investment (MDI) option in mid-2014, following the lead of a number of other industry funds seeking to stem the flow to self-managed super funds (SMSFs).

Hockey signals pension age might climb to 70

ALEX DUNNIN  |  FRIDAY, 11 APR 2014
Treasurer Joe Hockey has issued veiled warnings that welfare spending and age pension structures will need to be changed say by raising the pension age to make them affordable.

Mercer launches retirement adequacy index

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
Mercer has launched a new tool that allows superannuation funds to measure whether their members are on track for a comfortable retirement.

Super fund CEOs compete on breast cancer fundraiser

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
HOSTPLUS chief executive David Elia is the super industry's frontrunner in the race to see who can raise the most money for breast cancer research.

Could MySuper free-for-all lead to illegal inducements?

JAMES FERNYHOUGH  |  THURSDAY, 10 APR 2014
The removal of super from modern awards could see the big banks employing illegal or dubious methods to get new employers to sign up to their MySuper products, according to Cbus chief executive David Atkin.

IPA joins calls for LISC reintroduction

MARK SMITH  |  WEDNESDAY, 9 APR 2014
The Institute of Public Accountants (IPA) is urging the Government to reintroduce the Low Income Superannuation Contributions (LISC) to ensure that low income earners are not disadvantaged.

ISA gives evidence to PC on inverted bid model

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
Industry Super Australia (ISA) will today present its 'inverted bid' infrastructure funding model to the Productivity Commission (PC).

NGS Super lifts premiums for older members

JAMES FERNYHOUGH  |  WEDNESDAY, 9 APR 2014
NGS Super has unveiled the design of its new insurance offering, provided by the fund's existing group insurer CommInsure, to be launched on 1 July this year.